John Wiley & Sons, Inc. (WLY) to Issue Quarterly Dividend of $0.36 on January 15th

John Wiley & Sons, Inc. (NYSE:WLY) declared a quarterly dividend on Wednesday, December 17th. Investors of record on Tuesday, December 30th will be given a dividend of 0.355 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Tuesday, December 30th.

John Wiley & Sons has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 26 consecutive years. John Wiley & Sons has a dividend payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Down 0.6%

WLY stock opened at $31.14 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 1.16. The firm has a 50-day moving average of $34.75 and a two-hundred day moving average of $38.35. John Wiley & Sons has a 12 month low of $29.93 and a 12 month high of $47.26. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 16.56 and a beta of 1.03.

John Wiley & Sons (NYSE:WLY) last issued its earnings results on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.13. The business had revenue of $421.75 million for the quarter, compared to analysts’ expectations of $416.40 million. John Wiley & Sons had a return on equity of 28.23% and a net margin of 6.11%.The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.97 EPS. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. As a group, analysts forecast that John Wiley & Sons will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons declared that its board has approved a stock repurchase program on Thursday, September 25th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 11.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.